Hedge funds cut their net long position in New York Mercantile Exchange (NYMEX) gasoline by 24 million barrels in the week to May 2 and are now running a small
net short position of 3 million barrels for the first time since August 2016.
Commodity funds continue to hold a large
net short position in CBOT wheat futures, leaving the market open to bouts of short-covering.
In gasoline futures and options, hedge fund managers have actually established a
net short position of 5 million barrels.
There is a perception among investors that Carl Icahn is actually
net short Apple Stock," Mr Chowdhry said, as reported by Fortune.
I'm going to be looking for confirmation of a turn, including a shift in FXCM SSI, as the contrarian indicator is still showing that traders are
net short EUR/USD.
The FMA said that it would now consider short-selling of Vienna-listed stocks as market manipulation if the
net short position exceeds 0.
Wheat market was underpinned by the fact that commodity funds already hold a large
net short position in CBOT wheat, and by worries about dry conditions in the southern US Plains.
The latest FXCM SSI numbers show that traders remain net long EUR/USD and
net short GBP/USD *(but not dramatically so), and as a contrarian indicator, the figures work in favor of a short EUR/GBP bias.
The latest FXCM SSI numbers show that traders remain net long EUR/USD and
net short GBP/USD, and as a contrarian indicator, the figures work in favor of a short EUR/GBP bias.
Implications: bearish Euro EUR: Speculators are
net short and commercials net long.
Implications: neutral Euro EUR: Speculators are
net short and commercials net long.
